Crude Oil

Oil & Gas
China's March Crude Oil Imports Rose 4.5 Per Cent y/y on Stockpiling
China's crude oil imports in March rose 4.5 per cent from a year earlier, according to official customs data.
Oil & Gas
Opec+ Plans to Cut Output by 20mn bpd: Trump
Top global oil producers are considering slashing output by 20mn barrels a day under the terms of a deal to boost prices, US President Donald Trump said on Mond
Oil & Gas
Mexico to Cut Oil Output by 100,000 Bpd from May: Officials
Mexico will reduce its oil output by 100,000 barrels per day (bpd) from May after top oil producers collectively agreed to cut production by 9.7 million barrels
Oil & Gas
Mexican Standoff Imperils Proposed 10M-barrel OPEC+ Oil Cut
OPEC said the deal also calls for a 6 million barrel per day cut for 16 months beginning in 2021.
Oil & Gas
Oil Refiners May Have to Shut a Few Units
State oil companies have told the government they will have to shut down a few refineries if the nationwide lockdown is extended beyond April 14, people familia
Oil & Gas
Mexico Rejects Global Plan To Cut Oil Production
The deadly price war and coronavirus cocktail that threw most of the global industry into a panic seems to have missed one of the large national players: Mexico
Oil & Gas
Global Oil Producers Agree On Joint 10 Million Bpd Output Cut
OPEC has succeeded. On Thursday, the OPEC++ group agreed, in principle, to cut 10 million bpd in oil production, according to media. But will it be enough? Toda
Oil & Gas
Russia: U.S. Shale Decline Can’t Count As ‘Output Cut’
Production declines across the U.S. shale patch as companies reduce drilling and spending cannot be viewed as a voluntary U.S. cut aimed at supporting oil price
Oil & Gas
L&T Wins 'Large' Contract from Indian Oil for Capacity Expansion at Barauni Refinery
It has won a "big" contract from the Indian Oil Corporation to expand capacity at the IOC's Barauni refinery in bihar.
Oil & Gas
Trump: Free Markets Will Determine U.S. Oil Production
U.S. President Trump believes local oil production output cuts will happen automatically thanks to the nature of the free market, he told reporters this week.
Oil & Gas
The World’s Biggest Oil Deal Can’t Save Crude Prices
G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and Russia can pull in other oil-pr
Oil & Gas
OPEC’s Plan To Take Over The Global Oil Industry
The first three months of 2020 have shocked the global energy market to its foundations.
Oil & Gas
OPEC+ Debates Biggest-Ever Oil cut, Awaits U.S. Efforts
Russian Energy Minister Alexander Novak told Russian state media that he understands the United States has legal restrictions on output cuts, but it should sti
Oil & Gas
Fuel Consumption Sees Drastic Drop
Despite petrol bunks having remained open during the lockdown period, the consumption of diesel and petrol has come down drastically.
Oil & Gas
BP Reduces Investment Plan by 25% in 2020 to US$12bn
BP has cut its 2020 spending plan by a quarter, from US$15bn to US$12bn, including a US$1bn reduction investment in short-cycle onshore activity.

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Most views from Crude Oil

CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

Crude Oil

China's March Crude Oil Imports Rose 4.5 Per Cent y/y on Stockpiling

Opec+ Plans to Cut Output by 20mn bpd: Trump

Mexico to Cut Oil Output by 100,000 Bpd from May: Officials

Mexican Standoff Imperils Proposed 10M-barrel OPEC+ Oil Cut

Oil Refiners May Have to Shut a Few Units

Mexico Rejects Global Plan To Cut Oil Production

Global Oil Producers Agree On Joint 10 Million Bpd Output Cut

Russia: U.S. Shale Decline Can’t Count As ‘Output Cut’

L&T Wins 'Large' Contract from Indian Oil for Capacity Expansion at Barauni Refinery

Trump: Free Markets Will Determine U.S. Oil Production

The World’s Biggest Oil Deal Can’t Save Crude Prices

OPEC’s Plan To Take Over The Global Oil Industry

OPEC+ Debates Biggest-Ever Oil cut, Awaits U.S. Efforts

Fuel Consumption Sees Drastic Drop

BP Reduces Investment Plan by 25% in 2020 to US$12bn

CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons

China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish

Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows

SOCAR Announces Expected Volume of Euro-5 Gasoline Output in Azerbaijan in 2025

Egyptian Petroleum Minister Inspects First Exploration Well Operations at New Oil Field in Gulf of Suez

Petrovietnam and Partners Sign PSC for Vietnam’s Block 15-1